A deal in the Middle East could change planned hikes in mortgage interest rates plus increased prices for gas and oil. Image/Getty
Homeowners are set to benefit from a peace deal in Iran, as an end to the conflict could pause interest rate hikes for mortgages and keep energy bills lower.
Hopes the US and Iran were closing in on a dramatic peace deal rose sharply last week after US President Donald Trump announced a pause on plans to guide commercial ships through the Strait of Hormuz, citing “great progress” in talks with Tehran.
